Overview
What is Lyme Disease Research Foundation Inc?
Lyme Disease Research Foundation Inc, based in Lutherville, Maryland, is a dedicated nonprofit organization with a mission to advance the understanding and treatment of patients experiencing persistent symptoms of Lyme disease. Their primary focus is on conducting research to enhance the care provided to these patients, aiming to improve their quality of life. The foundation is committed to this cause, employing a team of professionals to drive their mission forward.
Official website here: www.lymemd.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating.
The Lyme Disease Research Foundation Inc has achieved a high rating of 94%, signifying strong performance in accountability and finance. This rating indicates that the organization adheres to best practices in transparency and management, essential for building trust with donors and stakeholders. The foundation received perfect scores in several key categories, such as having a fully independent board and no material diversion of assets.
Strengths of the organization include a solid program expense ratio of 67.70%, demonstrating that a significant portion of its funding is directed towards its mission-related activities. The foundation also effectively manages its liabilities with a low liabilities to assets ratio of 8.73%, suggesting financial stability. Furthermore, the presence of comprehensive policies such as conflict of interest and whistleblower protections underscores its commitment to ethical governance.
While the foundation excels in accountability and has a strong operational framework, there are no specific limitations noted in the available data. The overall performance metrics suggest that the Lyme Disease Research Foundation Inc is a reputable nonprofit dedicated to addressing Lyme disease research and awareness.
This AI summary has been generated from information found on Charity Navigator.
Is Lyme Disease Research Foundation Inc legitimate?
Lyme Disease Research Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lyme Disease Research Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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Other Salaries and Wages: $8,000
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Official website here: www.lymemd.org
What is the mission statement of Lyme Disease Research Foundation Inc?
The Lyme Disease Research Foundation Inc is a non-profit organization devoted to advancing research and improving care for individuals experiencing persistent symptoms of Lyme disease. Their mission is to gain a deeper understanding of this condition, with the ultimate goal of providing better treatment options. The foundation is committed to dedicating resources towards unraveling the complexities of Lyme disease and its long-term effects on patients. Through their research efforts, they aim to contribute to the medical community's knowledge and ultimately improve the lives of those affected by this disease.
Official website here: www.lymemd.org
Who is the CEO of Lyme Disease Research Foundation Inc?
Alexander Mason is the President / Trustee of Lyme Disease Research Foundation Inc.
Official website here: www.lymemd.org
What is the revenue of Lyme Disease Research Foundation Inc?
Lyme Disease Research Foundation Inc's revenue in 2022 was $3,819.
Official website here: www.lymemd.org
Who are the executives of Lyme Disease Research Foundation Inc and what are their salaries?
Here are 8 key members and their salaries:
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Official website here: www.lymemd.org
Where can I find the form 990 for Lyme Disease Research Foundation Inc?
Lyme Disease Research Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lymemd.org
Learn more at the official website: www.lymemd.org
Mission Statement of Lyme Disease Research Foundation Inc
The Lyme Disease Research Foundation Inc is a non-profit organization that is deeply committed to conducting research and providing care for individuals experiencing persistent symptoms of Lyme disease. Their mission is twofold: firstly, to enhance the understanding of Lyme disease and its effects on patients; and secondly, to improve the overall care provided to these individuals. By dedicating itself to this cause, the Lyme Disease Research Foundation Inc aims to make a significant contribution to the medical community's ability to treat and manage this complex condition.
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Impact
August, 2024
Lyme Disease Research Foundation Inc's impact lies in its dedication to researching the understanding and care of patients with persistent symptoms of Lyme disease. By focusing on this particular aspect of the disease, the foundation aims to improve the quality of life for individuals dealing with long-lasting effects of Lyme disease. Through its commitment to medical research, the foundation contributes valuable knowledge to the field and advocates for better care for affected patients.
This information is meant to be a general summary of Lyme Disease Research Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $3,819
Assets and Liabilities:
- Total Assets: $123,671
- Total Liabilities: $10,800
- Net Assets: $112,871
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Organization Details
Founding Year
2007
Phone
(410) 583-7124Principal Officer
Alexander Mason
Main Address
2360 WEST JOPPA ROAD 320, LUTHERVILLE, MD, 21093
Website
www.lymemd.orgNTEE Category
Code: H80 - Medical research
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